Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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regulation news
- financial stability board (FSB)’s “work concludes that many existing stable coins not see you now [the incoming] high-level recommendations, nor will they meet international standards.” Said In a letter to FSB President Klaas Knott G-20 Finance Minister and Governor of the Central Bank. The FSB, an international body that monitors and prepares recommendations regarding the global financial system, is set to finalize and publish its proposals for regulating crypto and stable coins in July this year.
- from hong kong Securities and Futures Commission (SFC) may allow retail investors to buy crypto, as per the latest policy proposal. sfc now Call for public feedback on its proposed licensing regime for crypto exchanges: whether it should allow licensed exchanges to serve retail investors in the country, and what measures should be implemented to provide “robust investor protection measures”. The regime is set to take effect in June 2023.
exchange news
- digital asset platform fireblocks is gearing up to launch an “off-exchange” service – a new platform that will help traditional finance firms avoid such collapse ftx Exchange Financial News informed of, The company said that the product will act as an intermediary, allowing companies to hold cryptocurrencies in custody during trading. The asset only moves after trading for settlement.
- binance fan Token announces a new royalty system for token holders Binance Fan Club, Per Following the announcement, fans can connect with teams to collect star points and unlock exclusive fan privileges, such as VIP tickets to team matches, meet-and-greet sessions, and personal video clips from players. All new users signing up with the crypto exchange binance Through the Binance Fan Club, and Binance Fan Token holders who have at least one LAZIO, PORTO, SANTOS, or ALPINE token in their Binance accounts can also claim the Fan Badge as proof of their membership.
wallet news
- digital payment platform wirex said it “became the world’s first non-custodial wallet without a seed phrase vulnerability to introduce stellar blockchain.” With this, Stellar (XLM) And usd coin (usdc) Has been added to the Wirex wallet on Stellar. integration connects eight other blockchain Available on Wirex Wallet, couple Press release.
payment news
- virtual payment card provider lannistar went live with google pay operability for your virtual payment card in BrazilThis is “the first time a Lannister service has been approved for use through Google’s proprietary secure payment platform,” Said a press release. This will allow the services of fintechs to be more accessible to users, by assuring that there will be no restrictions when it comes to transacting. The app also integrates with regional payment solutions Pix And boleto,
investment news
- ton foundationa non-profit organization working to advance open network (TON) opens up its ecosystem to start-ups and investors Hub71+ Digital Assetsbased in abu dhabi web3 Expert ecosystem supported by the Government of UAE (United Arab Emirates), Together over $2 billion in capital deploy. Per Hub71+ start-ups based on digital assets will also be able to apply for funding with up to $250 million, according to a press release. toncoin.fund,
- Sui Foundationdedicated to supporting the SUI ecosystem, announced that it has partnered with a digital asset financial services company bitgo To enable holders of SUI tokens to hold these tokens through custodial and non-custodial wallets on BitGo’s platform. Both companies also announced that the Sui Foundation will hold its own treasury with BitGo and will share part of this treasury using BitGo’s wallet.
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